LGE upbeat on economy after Malaysia's purchasing managers' index rises to 15-month high

PETALING JAYA: The Malaysian economy is expected to have an upbeat outlook this year after the Purchasing Managers' Index (PMI) hit 50.0 points in December, the highest in 15 months, says Lim Guan Eng.

The Finance Minister further said that projects pushed by the government to create more jobs and mega infrastructure projects valued at RM120bil seem to have done the trick as domestic economy is set to grow faster in the next coming months.